Waves
GOLD XAUUSD - Where now?Hi everyone,
We saw the reaction off the completed WXY highlighted last week (linked idea below) play out perfectly and the larger three wave corrective structure now also looks complete above the 1860 level.
My plan is to target the price inefficiency highlighted in the red boxes whilst monitoring how the forthcoming wave structure develops. Expecting initial resistance at the 1900 level.
A bullish five wave structure will likely lead gold higher beyond 1960, completing the impulsive move which began in September 2022. Will update how that plays out accordingly.
Trade safe.
BeyondEdge
WAVES can make 50% from here
WAVES broke the longterm trendline. After being consolidated above this trendline, WAVES seems bouncing soon.
It's likely that a H&S pattern is going to be formed.
With this scenario, I think that WAVEs would make 50% profit from here.
The referenced TP is the MA 200D level and the SL should be below EMA 50D.
BTC 2 MOVE?
📍 Bitcoin can run in two possible ways.
» First: From 24700 the price can go down to 17000 and later we can see a big wave bull from here.
» Secondly, from around 26000 or 27860, the price may go up to 15890 and then from here the price may move above 46000 in April or July this year.
If you like us idea💡, so pls support us ☺️
WAVESETH - A Healthy 20%+ ForecastWaves might be looking pretty close to an area of resistance here, but you got to bear in mind that's a gain of over 20% before we get there! After bouncing off support @ 106 at the bottom edge of the descending channel we've returned with enough strength to push through the top edge of the channel!
Can we push a bit further to the next layer of resistance? That'd give us huge gains of well over 20%!
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End of corrective wave of difficulty SHi everyone. I am posting after a long time.
For over a week, BTC has not given a clear direction to go long or short.
But six hours ago there was a chart pattern that started showing up to me moving, which is a corrective wave consisting of a running flat of 3-3-5.
From a running flat perspective, we will continue to maintain an upside view until the price moves further below today's low of $22,500.
thank you.
Poised strategy.Nice weekend.
As usually, same chart with better Head & Shoulders
variation at daily chart.
+ Wall St. cheat sheet explanation added.
Everyone would consider what is the reality of market state and global economy.
I have my own contrary vision and opinions.
Your favourite indicators ( RSI,MACD) seems in bad shapes.
And now, look on Death Cross around number 10 at wave 4th ending : - )
I think, I am done here. Be cautions in a next 2 weeks.
You can zoom in and play button every day to see how
bars pattern performing at these ranges.
Once Bitcoin falls below 618 Fibo, It will confirms me
that full retracement to 382 is starting.
Because it's poised to be like that and I hold on my mind..
Always with care and ready,
Emvo.
*This is not any financial advice.
#wavesFinally we got result from waves :). Take profit from the area that I mentioned. And if u dont want to hold the position u can close it around 3.40. But my suggestion is take profit and put stop on entry. We got around %30 from waves :)
Waves: inverted head and shoulders !waves just break out ! i think we are going to 3.5 if this inverted head and shoulders confirmed !
set your belseat brother and sisters party is about to start !
Waves possible IHandSLooking at waves here as an Inverse Head And Shoulders forming Will be waiting for the right shoulder to form and the neckline to break first No rush here, let it happen Long entry will be on a successful retest of the neckline No Fomo Wait it out guys..... $waves $Crypto